Tyrsky joins Nordic Dialogue to promote best practices in voluntary compensation of emissions

The Nordic Dialogue on Voluntary Compensation funded by the Nordic Working Groups for Climate and Air (NKL) and Environment and Economy (NME) of the Nordic Council of Ministers has been launched. Tyrsky’s experts will be facilitating the dialogue in collaboration with an international team of leading climate experts from Perspectives Climate Group, Carbon Limits and Swedish Environmental Research Institute (IVL).

The purpose of the dialogue is to bring together key Nordic stakeholders to co-create a robust and coherent Nordic approach to voluntary compensation of greenhouse gas emissions. The dialogue aims to provide a structured and inclusive space for co-creating recommendations and action points for a Nordic best practice approach to voluntary compensation that is consistent with the principles and long-term goals of the Paris Agreement. The Nordic Dialogue will draw on and complement relevant international initiatives on voluntary compensation.

The dialogue aims to promote transparent use of voluntary compensation of greenhouse gas emissions as part of efforts towards and beyond carbon neutrality in the Nordic region and globally. The dialogue will foster a common knowledge base and understanding on key issues and concepts relating to voluntary compensation by mapping relevant existing international initiatives and guidance and developing a glossary of key terms and concepts.

The background of the dialogue is in the Helsinki Declaration on Nordic Carbon Neutrality of January 2019 in which the Nordic countries committed to “intensify their cooperation to […] encourage Nordic companies, investors, local governments, cities, organizations and consumers to step up their efforts towards carbon neutrality”, which could include voluntary compensation with Nordic and international mitigation activities.

The dialogue will start by mapping key issues through an online survey that is open to all interested Nordic stakeholders until 30 August 2021. The survey can be accessed through the dialogue’s website: www.nordicdialogue.com.